IPO Details

Travels & Rentals Ltd
Registered Office: 161 Lenin Sarani, Dharmatala, Kolkata - 700013, West Bengal
Phone: +91 33 4000 0777
Email: cs@travelsandrentals.com
Website: www.travelsandrentals.in
Initial public offer of 30,60,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Travels & Rentals Limited (the "Company" or the "Issuer") for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the "Issue Price"), aggregating to Rs. 12.24 crores ("The Issue"), of which 1,53,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 0.61 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 29,07,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 11.63 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.31% and 25.95% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 40/- each i.e., 4.0 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
29-Aug-2024	02-Sep-2024	₹ 40.00	₹ 0.00

Projects
Working Capital Requirement
General Corporate Expenses

Promoted By
Devendra Bharat Parekh
Karuna Parekh
Anupama Singhi

Listing At
BSE - SME

Registrar to the Issue